Mr. Cooper Mortgages in South Point, OH
Looking to become a homeowner? It's the perfect time to do so.
As the nation's third-largest home loan servicer,
Mr. Cooper is equipped to guide you through the home ownership process.
Mr. Cooper in South Point can be your home loan ally, whether you're searching for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan.
You can do so much with Mr. Cooper in South Point — including learn more about mortgage rates, credit scores, and budgeting.
We know that getting a mortgage can be complicated, and even more so when you're a first-time home buyer in South Point, OH. Mr. Cooper can explain how everything applies to your situation. Just give us a call. Here's what you need to know in the meantime.
Conventional loans are a popular mortgage option for South Point home buyers. These are loans that are not insured by the federal government. Instead, conventional loans are backed by private lenders like Mr. Cooper. Some benefits of a conventional loan could include numerous term lengths and agreeable interest rates.
Depending on your situation, you may want to consider another type of home loan that's available to many South Point home buyers. It's called FHA. FHA loans, or Federal Housing Administration loans, are backed by the government. FHA loans are known for having more flexible credit qualifications and lesser down payments than conventional loans. Ask Mr. Cooper about FHA loan requirements in South Point today.
VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a house in South Point and you're a veteran, surviving spouse, or an active-duty service member, you could qualify for a VA loan. At Mr. Cooper, it's our privilege to serve veterans and help them realize their dreams of home ownership. Due to the uniqueness of this home loan option, we encourage you to call a Mr. Cooper mortgage professional to learn more about VA loans in South Point. Get Started
Refinance Your Home Loan in South Point with Mr. Cooper
Besides new home loans, Mr. Cooper also provides mortgage refinancing in South Point. Refinancing your home loan means that you pay off your current home loan and replace it with a new one that can better meet your financial needs. The new loan might come with a more favorable interest rate, a shorter loan term, or both. A majority of the time, the objective of refinancing is to obtain a lower interest rate and cut down your monthly payment (so you can spend more time and money making your South Point home just the way you want it!).
Like new home loans, there are a couple of different ways to refinance. For one, you can refinance for a more favorable loan term or interest rate. There's also cash-out refinancing, which allows homeowners who want to leverage equity they have built in their home as cash to pay for home improvements or college tuition.† Cash-out refinancing can also be a method for debt consolidation, since you can also use equity from your home to tap into cash and pay down car loans, credit card debt, or medical bills.^ Mr. Cooper in South Point can help you learn more about refinancing and choose the right refinance option for your situation.
Buy or Sell a House in South Point with Mr. Cooper's Help
Are you ready to buy a house in South Point, OH? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in South Point. Despite Ohio's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of ways: First off, we can help you calculate how much house you can afford to buy. Next, we can help you prequalify for a mortgage in South Point and connect you with our affiliate to find a reliable real estate agent.* Lastly, Mr. Cooper can help you secure a home loan that aligns with your financial situation and advances your dream of being a homeowner. Think of Mr. Cooper as your ally, from home search to closing on your loan.
Are you researching how to sell a house in South Point, OH? Mr. Cooper has your back there, too. We understand the challenges that come with selling a home in South Point, particularly if it's your first time doing it. As a seller, you'll receive extensive sales and marketing service at a good value. And as a buyer, you'll have access to thousands of home listings and might qualify for a Buyer's Bonus Credit at closing.** Ask about our South Point Mr. Cooper Real Estate Rewards program to learn more.
Mr. Cooper is here to keep the dream of home ownership alive for every customer — including you. Contact us to learn more about home loans, refinancing, and buying or selling a home in South Point. We’ve got your back.
- † A cash‐out refinance increases your mortgage debt and reduces the equity you may have in your home. Your monthly mortgage payments may be higher.
- ^ A debt consolidation refinance increases your mortgage debt, reduces equity, and extends the term on shorter‐term debt and secures such debts with your home. The relative benefits you receive from debt consolidation will vary depending on your individual circumstances. You should consider that a debt consolidation loan may increase the total number of monthly payments and the total amount paid over the term of the loan. To enjoy the benefits of a debt consolidation loan, you should not carry new credit card or high interest rate debt.
- * Buyer’s Bonus Credit (Xome Purchase Pro) Disclosure: Buyers may be eligible to receive a Buyer’s Bonus Credit/Xome Purchase Pro (“Credit”) equal to 15% of the buyer’s agent’s fee. The amount of the credit is based on commissions and determined by each agent. Credit will be documented in an agreement between agent and customer at the time of engagement. Credit must be disclosed to lender, seller, broker, appraiser, and other parties with an interest. Credit subject to written lender approval. Credit will be reflected in Purchase Agreement, Closing Disclosure, and other documents. Consult a tax professional regarding tax implications of Credit. Consult local broker for any state law requirements. Conditions: (a) Customer must complete purchase transaction using a Mr. Cooper Real Estate Rewards Agent; (b) Credit is subject to sales commission; (c) Credit is not available for properties marketed/listed through any auction process, including, www.xome.com; (d) Credit offer may be modified at any time via the Terms of Use but modifications will not apply to any transactions under contract; (e) Credit will be provided at the time of closing.
- Buyer’s Bonus Credit is not available in AK, IA, KS, LA, MS, MO, OK, OR & TN.
- ** Listing Commission Disclosure: Mr. Cooper Real Estate Rewards agents have agreed to 1.99% seller’s agent commission and recommend 2% buyer’s agent commission for a total listing commission of 3.99%. Buyer’s agent commission can be changed at seller’s discretion.
- Mr. Cooper Real Estate Rewards is offered by Xome. Inc., an affiliate of Mr. Cooper. Referrals to Xome may provide a financial benefit to Mr. Cooper. You are not required to use a real estate agent on the Xome panel as a condition of receiving a loan from Mr. Cooper, and such use will have no impact on any loan application to Mr. Cooper.
- This is an advertisement and not intended as a solicitation for agent representation if your property is currently listed with an agent. Visit Xome's licensing page https://www.xome.com/auctions/licensing.
- Xome Inc. & Xome CT LLC [Davis E. Owen, Sr.‐Broker] (for CT properties] & Xome PR LLC (for PR properties), 750 Hwy 121 BYP, Suite 100, Lewisville, TX 75067.
- Mr. Cooper Real Estate Rewards is a service mark of Nationstar Mortgage LLC.
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.
